Market Overview:

The South Delhi residential real estate market has exhibited relative stability over the past two months.

Builder Floors:

• Prices for builder floors have remained largely unchanged, with some developers implementing modest increases of 5-10%.
• However, a recent 10% price hike by Kothi owners is expected to influence builder floor prices in the near future.
• Buyer sentiment reflects a common trend in bull markets, with initial resistance to higher prices. This is likely to adjust as the market settles.
• Overall, upward pressure on builder floor prices is anticipated.

Market Factors:

• The financial year closing in March, followed by the election code of conduct in April and May, has dampened transactions due to:
  • Reduced black money circulation.
  • Buyer indecisiveness (“analysis paralysis”) potentially delaying purchases until election results.
• This pent-up demand could lead to a surge in buyer activity and transactions in June and July.

Key Takeaways:

• While the market has been stable, price adjustments for builder floors are on the horizon due to rising kothi prices.
• Upcoming months might witness a significant rise in buyer activity and transactions.

Disclaimer: This report is based on available information and does not constitute financial advice.